Skip to main content

WS Guinness Global Energy Fund

The Guinness Global Energy strategy seeks capital growth through exposure to global energy markets.

Overview

The Guinness Global Energy strategy seeks capital growth through exposure to global energy markets.

We believe that over the next twenty years the combined effects of population growth, developing world industrialisation and diminishing fossil fuel supplies will force energy prices higher.

The world's population is growing at a rate of 1% per year and is projected to rise over the next 20 years by 1.5 billion people. Over 90% of this growth will come from developing countries. The implications for energy consumption are profound. In China and India, among the world's largest and fastest-growing economies, growing demand for electricity, cars and consumer goods will have a significant impact on the world's energy balance.

The rise in global energy demand is projected to continue long into the future. And it is highly likely that the majority of this demand will be met by mainstream energy sources like oil, natural gas and coal, supported by growth in renewable technologies.

Meanwhile, the risk that energy supplies fall short of what is required over the next few years is intensifying as, in particular, the era of low-cost, easily extractable oil comes to an end. The non-OPEC world, despite the success of shale oil in the US, struggles to grow production consistently. Any spare production capacity that OPEC countries may have today is likely to decline quickly as they respond to the expected rise in demand and shortfalls caused by events such as civil war or sanctions. Put simply, the oil industry faces a huge challenge to build up new supplies of oil to compensate for the rapid decline in existing fields.

The combination of growing demand and supply challenges signals that energy prices will move up over time. This would create a favourable environment for companies with energy reserves and for their service providers and distributors. 

Investment Team

High quality funds are run by high quality people.

We are proud of our collegial culture, with teams across the business benefiting from each other’s expertise as they target long-term returns for investors.

Will Riley

Will Riley

Portfolio Manager, Specialist Team

Jonathan Waghorn

Jonathan Waghorn

Portfolio Manager, Specialist Team

How to Invest

We aim to make it simple to invest in our funds. All our funds are open to direct investment via an application form. They are widely available on investment platforms and are eligible for UK investors’ ISAs and SIPPs.

Image
How to Invest in Guinness Global Investors

Investment Case

Our stock selection is driven 50% by our top-down (macro) views and 50% by bottom-up stock analysis.

Rigorous independent analysis of the fundamental drivers of energy markets (e.g. oil supply and demand; OPEC behaviour; natural gas supply and demand; global LNG market; thermal and met coal markets). This allows us to forecast energy commodity prices and creates our top-down view, which in turn informs our energy sub-sector allocation.

Stock ideas are derived from a disciplined stock screening process. We review a universe of around 370 energy stocks each week to identify companies which look attractive on valuation, return on investment, earnings sentiment, and price momentum. Other screens specific to certain sub-sectors are also employed. Due diligence is performed on our stock ideas to establish whether we have conviction to include the stock in our portfolio. The due diligence centres around detailed financial modelling.

The portfolio comprises 30 'best ideas' and does not follow any benchmark in its sub-sector weights, such as to ‘super-majors’. The portfolio is liquid, with 90% of the Fund normally invested in companies with a market capitalisation over US $1 billion.

 

In brief: why invest in energy?

Energy demand

Population growth and rising global wealth are driving relentless growth in the consumption of energy.
 

Energy supply

Despite improvements in alternative energy supplies, fossil fuels will remain the predominant world energy source for decades to come. However, the era of easily accessible, low-cost oil is over.
 

Energy company profits

Rising demand and depletion of low-cost energy supplies will push energy prices higher. This will create a favourable environment for companies with resource reserves, as well as their service providers and distributors.
 

Energy & inflation

Energy prices are a significant driver of inflation, which makes energy companies a useful long-term inflation hedge. If we see dollar inflation of 30-50% over the next decade (that’s just 2.7-4.3% per year), it will be surprising if oil and gas prices do not rise by a comparable percentage.
 

In detail: Energy Investment Case

“More motor vehicles will be sold over the next 20 years than have been sold in the entire history of the automobile industry.”

Supply is struggling to keep pace

High oil and natural gas prices between 2006 and 2014 incentivised energy companies to invest in new technologies, resulting in strong natural gas and oil production from unconventional shale resources in North America. This growth caused a change of production strategy from OPEC at the end of 2014, and this has led to sharply lower oil prices as OPEC grows production and defends market share while North American production starts to slow. We believe that OPEC is now producing near maximum capacity, while non-OPEC production will decline in the future as a result of lower investment levels. The industry still faces a big challenge in delivering reasonable oil supply growth at reasonable prices.
 

Favourable environment for investing in energy

The combination of growing demand and inadequate future supply signals that oil and other energy prices will move up over time. This would create a very favourable environment for companies with energy resources and for their service providers and distributors.

The Guinness Global Energy Fund seeks to capitalise on this energy price environment. We keep coming back to one key proposition: easily extractable oil and gas assets remain scarce, and it seems reasonable to believe that, as they get scarcer, they will trade at higher prices than we have yet seen. We believe shareholders in energy companies that are part of that world will be duly rewarded.
 

Surging demand for energy from developing countries

The world's population is growing at a rate of 1% per year, and is projected by the UN to rise by a further 20% (1.5 billion people) by 2030. Over 90% of this growth will come from developing countries. The implications for energy consumption are profound.

More motor vehicles will be sold over the next 20 years than have been sold throughout the entire history of the automobile industry. The surge of demand for electricity, cars and consumer goods in emerging markets will have a significant impact on the world's energy balance. China’s demand for oil per capita has not yet reached that of the OECD in 1950. There are 20 years of unrelenting oil demand growth to come as China’s vehicle fleet moves from 100 million now to 400 million by 2030, with numerous other countries following behind.

The rise in global energy demand is projected to continue long into the future. It is likely that the majority of this demand will be met by mainstream energy sources like oil, natural gas and coal.

The world’s oil consumption currently stands at around 94 million barrels per day, and continues to reach new highs each year. Even in the global recession of 2008/09, demand for oil from emerging markets continued to grow. We think that, over the next 10 years, global oil demand growth of 10-15 million barrels per day is highly plausible.

Image
Investment Process - Global Energy Fund

Investment process

Our stock selection is driven 50% by our top-down (macro) views and 50% by bottom-up stock analysis. The top-down views shape our energy sub-sector allocation, whilst bottom-up analysis is designed to identify the best stocks to populate our sub-sector allocation. The investment team applies a mixture of value and growth investing, with a bias towards value.

Top-down views

Rigorous independent analysis of the fundamental drivers of energy markets (e.g. oil supply and demand; OPEC behaviour; natural gas supply and demand; global LNG market; thermal and met coal markets). This allows us to forecast energy commodity prices and creates our top-down view, which in turn informs our energy sub-sector allocation.

Image
Top down views - Guinness Global Energy

Bottom-up stock screening

The team operates a disciplined stock screening process. We review a universe of around 370 energy stocks each week to identify companies which look attractive on valuation, return on investment, earnings sentiment, and price momentum. Other screens specific to certain sub-sectors are also employed to generate ideas.
 

Image
Bottom up stock screening - Guinness Global Energy Fund

Stock due diligence

Stock ideas are taken from our screens and due diligence is performed to establish whether we have conviction to include the stock in our portfolio. The due diligence centres around detailed financial modelling.

Portfolio Construction

 

Concentrated portfolio

The portfolio comprises 30 equally-weighted positions. Most of the positions comprise a single stock but a few are split across more than one stock, giving the portfolio 40-45 stocks in total. Our portfolio construction, with a fixed number of positions, is designed to create the best balance between maintaining fund concentration and managing stock-specific risk. It also imposes a structural sell discipline: an existing position must be sold to purchase a new holding.
 

Sector weights

The Fund does not follow any benchmark in its sub-sector weights. In particular, there are no underweight restrictions; the “super-major” oil and gas sector weighting may be zero.

Portfolio Risk Controls

 

Stock specific risk

Stock specific risk in the energy sector tends to be higher than the broader market. Our portfolio is designed to avoid excessive exposure to any individual stock.
 

Emerging market exposure

Normal practice is that emerging market exposure (considered by listing and by underlying asset exposure) is limited to 20% of the Fund.
 

Liquidity

The portfolio is liquid, with 90% of the Fund normally invested in companies with a market capitalisation over US $1 billion.
 

Currency

The Fund is not hedged from a currency perspective. However, because the underlying investments have an exposure to energy commodity prices, this tends to act as a natural hedge against currency movement.

 

Factsheets

 

 

Fund English French German Spanish Italian
WS Guinness Global Energy Fund Download

Updates

 

 

Document
WS Guinness Global Energy Fund
January 2025
Document
WS Guinness Global Energy Fund
October 2024
WS Guinness Global Energy Fund
July 2024
WS Guinness Global Energy Fund
April 2024
WS Guinness Global Energy Fund
October 2023
WS Guinness Global Energy Fund
July 2023
WS Guinness Global Energy Fund
April 2023
Document
WS Guinness Global Energy Fund
January 2025
WS Guinness Global Energy Fund
December 2024
WS Guinness Global Energy Fund
November 2024
WS Guinness Global Energy Fund
October 2024
WS Guinness Global Energy Fund
September 2024
WS Guinness Global Energy Fund
July 2024
WS Guinness Global Energy Fund
June 2024
WS Guinness Global Energy Fund
May 2024
WS Guinness Global Energy Fund
April 2024
WS Guinness Global Energy Fund
March 2024
ws Guinness Global Energy Fund
February 2024
WS Guinness Global Energy Fund
January 2024
WS Guinness Global Energy Fund
December 2023
WS Guinness Global Energy Fund
November 2023

KIIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
WS Guinness Global Energy Fund I ACC GBP GB00B56FW078

Documents

Document

WS Guinness Investment Funds - Target Market Assessment

WS Guinness Investment Funds – Investor Rights

WS Guinness Global Energy Fund - Reports & Accounts

Guinness Global Energy - Approach to Responsible Investment & ESG

WS Global Energy Fund - Prospectus

WS Guinness Global Energy Fund - Application Form

Fund Facts

For information on the Fund’s current investments, please see the latest factsheet available on the literature tab above.

 

Launch Date
Fund managers
Jonathan Waghorn
Will Riley
Tim Guinness
Benchmark
MSCI World Energy Index
IA sector
IA Commodities and Natural Resources
Structure
Unit Trust (UCITS)
Domicile
UK
Underlying currency
Pounds Sterling
Pricing
Daily, forwards
Valuation
1200 UK time
Deal cut off time
1200 UK time
Administrator
Waystone Management (UK) Limited
Custodian
The Bank of New York Mellon (International) Limited
UK Reporting Fund status
Yes
ISA Eligible
Yes

Share Classes

For full information on the share classes available for investment please refer to the Key Investor Information document.

 

Class OCF current Max Initial Charge Min Investment ISIN SEDOL Bloomberg
I Acc 0.95% 0% 1000 GB00B56FW078 B56FW07 ARTGLEI LN

Share Prices

The Funds are priced every working day at 12.00 UK time and updated here the following day.

 

Fund name Isin Fund price (+/-) Date
GUINNESS CHINA RMB INCOME FUND CLASS Y CNH DIST IE000026G6J3 99.082 0.0722 20/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS Y EUR DIST IE000K4N4BW3 9.6604 -0.003 20/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS Y GBP DIST IE000G9JHZF4 9.2053 0.0153 20/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS Y USD DIST IE000FIQDRV0 9.4964 0.0879 20/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS F EUR DISTRIBUTION IE0006534FS5 9.687 -0.003 20/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS F GBP DISTRIBUTION IE000K9NODM9 9.233 0.0155 20/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS F USD DISTRIBUTION IE000BEWEDQ4 9.5248 0.0882 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS C GBP ACC IE0006BWJJW3 7.0835 0.0582 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS C EUR ACC IE0001VD9PN1 7.4303 0.0465 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS C USD ACC IE0005HP3H50 7.3117 0.1152 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS I USD ACC IE000IQ9D569 7.4635 0.1183 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y GBP ACC IE000I0OL207 7.2307 0.06 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y EUR ACC IE000RSR0322 7.5848 0.0482 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y CNH ACC IE0002QAMMW4 77.8085 0.5742 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y USD ACC IE000JCEKTR0 7.4635 0.1183 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS F GBP ACCUMULATION IE0003ZZUKD7 7.3042 0.061 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS F EUR ACCUMULATION IE0001MJJCX1 7.655 0.0488 20/01/2025
GUINNESS CHINA A SHARE FUND CLASS F USD ACCUMULATION IE000RSN6JG6 7.5394 0.1199 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D USD DISTRIBUTION IE00B3QG6N78 22.9999 0.0839 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE00B42XCP33 21.4658 0.0774 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE00B3PB1722 27.3557 -0.1102 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR DISTRIBUTION IE00B66B5L40 29.7386 -0.1777 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00B754QH41 32.6368 -0.1284 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQF631 29.8696 -0.1797 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNV92 26.7413 -0.1078 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNW00 21.9982 0.0793 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BVYPNZ31 24.7196 -0.1467 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BVYPP024 19.1594 -0.1137 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BVYPNY24 29.5124 -0.1164 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BVYPP131 22.9155 -0.0904 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BVYPNX17 24.2796 0.0896 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BVYPP248 18.8018 0.0694 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE00BDGV0183 18.0273 -0.1085 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR ACCUMULATION IE00BDGV0290 22.8472 -0.1366 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BGK8P991 16.7425 0.0614 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BJBK7883 16.3632 0.0601 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C CNH HEDGED DISTR IE000OP91FK6 11.6261 0.0439 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP ACCUMULATION IE000P7D8CD0 11.2759 -0.0444 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z EUR DISTRIBUTION IE00051OJYP3 11.3432 -0.0671 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z EUR ACCUMULATION IE000RSQ6GD6 11.5071 -0.0681 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z USD DISTRIBUTION IE000YRPM569 11.0496 0.0409 20/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z USD ACCUMULATION IE0001B1ARB7 11.2121 0.0415 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C USD ACCUMULATION IE00B3QW5Z07 28.5501 0.0687 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C GBP ACCUMULATION IE00B64PRP62 36.4863 -0.1912 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y EUR ACCUMULATION IE00B68GW162 40.8253 -0.2909 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y USD ACCUMULATION IE00B3NSFR34 32.4546 0.0815 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y GBP ACCUMULATION IE00B7MJHM43 44.8684 -0.2304 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C EUR ACCUMULATION IE00BGHQF748 24.1781 -0.1748 20/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS I USD ACCUMULATION IE00BMYPMW02 16.234 0.0406 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDW50 21.1663 0.0029 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F GBP DISTRIBUTION IE00BGHQF300 18.1082 0.0407 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNS63 20.6965 0.0437 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNT70 17.0555 0.1655 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYVHVZ98 15.9133 0.035 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYVHWJ06 12.8239 0.0282 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYVHW019 16.7262 0.0038 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYVHW126 13.4766 0.003 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYVHW233 14.1874 0.1389 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYVHW340 11.3944 0.1116 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN382 13.4306 0.1316 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN499 11.8061 0.1155 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE000AHX6WT2 10.6871 0.0015 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000N9K9CQ4 10.6377 0.0223 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000RAMYLN7 9.3681 0.0908 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F GBP ACCUMULATION IE000YNWUZY0 10.5586 0.0237 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F EUR ACCUMULATION IE000A0PQ631 10.7878 0.003 20/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F EUR DISTRIBUTION IE000IUDXQX3 10.4834 0.002 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDM52 23.88 -0.0682 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 17.8094 -0.0137 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNP33 19.8551 -0.0172 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNQ40 16.3309 0.1101 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 15.9747 -0.0442 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 11.7192 -0.0324 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 15.9982 -0.0125 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 11.7574 -0.0091 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 15.207 0.1039 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 11.1488 0.0761 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN051 12.0915 0.0825 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN168 10.2143 0.0697 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP ACCUMULATION IE000658NZ19 11.7694 -0.009 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z EUR DISTRIBUTION IE000KN6J1X6 11.6142 -0.0337 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z EUR ACCUMULATION IE000UNWB7K2 12.0079 -0.033 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z USD DISTRIBUTION IE0007D42DP3 11.3176 0.0774 20/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z USD ACCUMULATION IE000D23O9K2 11.7171 0.0802 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C GBP ACCUMULATION IE00BQXX3C00 36.6925 -0.2029 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C EUR ACCUMULATION IE00BQXX3D17 33.965 -0.2554 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C USD ACCUMULATION IE00BQXX3F31 28.1956 0.0597 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Y GBP ACCUMULATION IE00BQXX3K83 40.7593 -0.2219 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Y EUR ACCUMULATION IE00BQXX3L90 37.6886 -0.2802 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Y USD ACCUMULATION IE00BQXX3M08 31.4054 0.0692 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Z GBP ACCUMULATION IE00BQXX3N15 41.6422 -0.2262 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Z EUR ACCUMULATION IE00BQXX3P39 38.5306 -0.286 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Z USD ACCUMULATION IE00BQXX3Q46 31.9983 0.0709 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS I USD ACCUMULATION IE00BMYPNG19 15.095 0.0332 20/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C CNH HEDGED DISTR IE000PGA9O74 15.5706 0.0331 20/01/2025
GUINNESS GREATER CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 12.2434 -0.0078 20/01/2025
GUINNESS GREATER CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 14.2836 0.0191 20/01/2025
GUINNESS GREATER CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 11.6766 0.1043 20/01/2025
GUINNESS GREATER CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 13.3124 -0.0073 20/01/2025
GUINNESS GREATER CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 15.5143 0.0222 20/01/2025
GUINNESS GREATER CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 12.652 0.1142 20/01/2025
GUINNESS GREATER CHINA FUND CLASS F GBP ACCUMULATION IE00BZ08YY02 16.1825 0.0239 20/01/2025
GUINNESS GREATER CHINA FUND CLASS I USD ACCUMULATION IE00BMYPNC70 7.6048 0.0687 20/01/2025
GUINNESS GREATER CHINA FUND CLASS F EUR ACCUMULATION IE000PL4LIL5 11.364 -0.005 20/01/2025
GUINNESS GREATER CHINA FUND CLASS F USD ACCUMULATION IE000KYOJNN5 11.097 0.101 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BYV24P56 15.5666 0.1451 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYV24Q63 16.8244 0.0306 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYV24R70 12.6956 0.0231 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYV24S87 16.9574 -0.0027 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYV24T94 12.7807 -0.002 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYV24V17 16.8761 0.1588 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYV24W24 12.7116 0.1196 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F GBP DISTRIBUTION IE00BYV24X31 13.2211 0.0246 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BMCWC346 13.0543 -0.0033 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BMCWC239 12.1749 0.021 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPND87 11.6806 0.1098 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPNF02 9.962 0.0937 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE0009746VI0 10.3357 -0.0028 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000UPHOYQ6 10.2875 0.0178 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000XFJTUO9 9.0683 0.0845 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F GBP ACCUMULATION IE000S23Y5E4 11.17 0.021 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F EUR ACCUMULATION IE000PRGIAG7 11.418 -0.001 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F EUR DISTRIBUTION IE000EYWH6W0 11.0584 -0.0009 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F USD ACCUMULATION IE000STEY2E9 11.146 0.106 20/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F USD DISTRIBUTION IE0002MGLE49 10.7834 0.1019 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS C GBP ACCUMULATION IE00BF2VFX37 11.9073 -0.0273 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS Y GBP ACCUMULATION IE00BF2VFY44 12.8161 -0.0287 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS Y EUR ACCUMULATION IE00BF2VFZ50 13.4484 -0.057 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS Y USD ACCUMULATION IE00BF2VG076 11.726 0.0632 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS F GBP ACCUMULATION IE00BF2VG183 13.1399 -0.0288 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS I USD ACCUMULATION IE00BMYPN275 10.1843 0.0548 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS C EUR ACCUMULATION IE000IYIWG07 10.0444 -0.0433 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS C USD ACCUMULATION IE0004NN3YY8 8.8343 0.0467 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS F EUR ACCUMULATION IE000IPJNIR0 12.159 -0.05 20/01/2025
GUINNESS BEST OF ASIA FUND CLASS F USD ACCUMULATION IE0006E14U67 11.876 0.065 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C GBP ACCUMULATION IE00BG5QQP10 15.6836 -0.0395 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR ACCUMULATION IE00BG5QQQ27 16.7089 -0.0754 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR HEDGED ACC IE00BG5QQR34 13.2244 -0.0344 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD ACCUMULATION IE00BG5QQS41 15.2002 0.0777 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD HEDGED ACC IE00BG5QRJ25 14.473 -0.0329 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O GBP ACCUMULATION IE00BG5QRK30 16.5648 -0.0403 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR ACCUMULATION IE00BG5QRL47 17.6552 -0.0782 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR HEDGED ACC IE00BG5QRM53 13.928 -0.035 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD ACCUMULATION IE00BG5QRN60 16.0549 0.0834 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD HEDGED ACC IE00BG5QRP84 15.1818 -0.0332 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R GBP ACCUMULATION IE00BG5QRQ91 15.4959 -0.0392 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR ACCUMULATION IE00BG5QRR09 16.523 -0.0747 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR HEDGED ACC IE00BG5QRS16 13.0689 -0.0342 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD ACCUMULATION IE00BG5QRT23 15.0065 0.0764 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD HEDGED ACC IE00BG5QRV45 14.3194 -0.0327 20/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS Y GBP ACCUMULATION IE00BG5QRW51 16.8537 -0.0407 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C GBP ACCUMULATION IE00BG5QQV79 14.5482 -0.0482 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR ACCUMULATION IE00BG5QQW86 15.5001 -0.0823 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR HEDGED ACC IE00BG5QQX93 12.3874 -0.042 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD ACCUMULATION IE00BG5QQY01 14.0997 0.0609 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD HEDGED ACC IE00BG5QQZ18 13.5087 -0.0418 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O GBP ACCUMULATION IE00BG5QR034 15.3662 -0.0497 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR ACCUMULATION IE00BG5QR141 16.3758 -0.0856 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR HEDGED ACC IE00BG5QR257 13.06 -0.0433 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD ACCUMULATION IE00BG5QR364 14.8915 0.0655 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD HEDGED ACC IE00BG5QR471 14.2417 -0.0429 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R GBP ACCUMULATION IE00BG5QR588 14.371 -0.0479 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR ACCUMULATION IE00BG5QR695 15.3168 -0.0816 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR HEDGED ACC IE00BG5QR703 12.2573 -0.0419 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD ACCUMULATION IE00BG5QR810 13.9179 0.0598 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD HEDGED ACC IE00BG5QR927 13.422 -0.0418 20/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS Y GBP ACCUMULATION IE00BG5QRB49 15.6283 -0.0503 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS F USD ACCUMULATION IE00BN0W3529 12.3188 0.0524 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS F GBP ACCUMULATION IE00BN0W3305 13.4352 -0.0454 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS F EUR ACCUMULATION IE00BN0W3412 14.4124 -0.0774 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS I GBP ACCUMULATION IE00BN0W2X30 13.2032 -0.0452 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS I EUR ACCUMULATION IE00BN0W2Y47 14.1518 -0.0767 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS I USD ACCUMULATION IE00BN0W2Z53 12.1079 0.0509 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS Y GBP ACCUMULATION IE00BN0W3073 13.2023 -0.0452 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS Y EUR ACCUMULATION IE00BN0W3180 14.1533 -0.0766 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS Y USD ACCUMULATION IE00BN0W3297 12.1105 0.051 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS C GBP ACCUMULATION IE00BN0W2T93 12.6237 -0.0444 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS C EUR ACCUMULATION IE00BN0W2V16 13.5329 -0.0745 20/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS C USD ACCUMULATION IE00BN0W2W23 11.5823 0.0477 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS D USD ACCUMULATION IE00B2PGVJ29 4.4992 0.0307 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C USD ACCUMULATION IE00B2PGVK34 4.1301 0.028 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ633 7.756 -0.0065 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJ740 8.0892 -0.0224 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF417 16.0996 -0.0453 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y GBP ACCUMULATION IE00BFYV9L73 20.4321 -0.0149 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFYV9M80 21.4022 -0.0581 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y USD ACCUMULATION IE00BFYV9N97 17.8902 0.1231 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPNB63 9.46 0.0651 20/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C CNH HEDGED DISTR IE000JUVS7B9 8.1833 0.0555 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS D USD ACCUMULATION IE00B2Q91T05 9.5269 0.0293 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C USD ACCUMULATION IE00B2Q91V27 8.863 0.0269 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ963 13.2719 -0.061 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJB88 13.8402 -0.0906 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y USD ACCUMULATION IE00B3CCJC95 10.4081 0.0325 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y GBP ACCUMULATION IE00B6XV0016 13.1648 -0.0594 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF524 10.7573 -0.0708 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y USD DISTRIBUTION IE00BG6L7638 7.2598 0.0227 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFMGVR44 12.6468 -0.0823 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPN507 20.5024 0.0641 20/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C CNH HEDGED DISTR IE000P8HSFB7 10.092 0.0304 20/01/2025
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS ACCUMULATION GB00BYX94F49 97.14 0.02 21/01/2025
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS INCOME GB00BYX94G55 70.87 0.01 21/01/2025
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN ACCUMULATION GB00BYX94H62 105.5 0.02 21/01/2025
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN INCOME GB00BYX94J86 77.42 0.02 21/01/2025
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR ACCUMULATION GB00BYX94K91 107.15 0.02 21/01/2025
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR INCOME GB00BYX94L09 78.49 0.01 21/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Y ACCUMULATION GBP GB00BNGFN776 175.53 0.15 21/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Y INCOME GBP GB00BNGFN669 159.13 0.13 21/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BMFKG667 122.1 0.44 21/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Y INCOME GBP GB00BMFKG774 103.87 0.38 21/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BP5J6M04 127.38 0.31 21/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y INCOME GBP GB00BP5J6N11 119.85 0.29 21/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND F ACCUMULATION GBP GB00BP5J6P35 128.81 0.31 21/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND F INCOME GBP GB00BP5J6Q42 121.39 0.3 21/01/2025
WS GUINNESS GLOBAL INNOVATORS FUND Y ACCUMULATION GBP GB00BP5J5Y50 170.8 -0.03 21/01/2025
WS GUINNESS SUSTAINABLE ENERGY FUND Y ACCUMULATION GBP GB00BP5J6198 87.65 -0.49 21/01/2025
WS GUINNESS SUSTAINABLE ENERGY FUND Z ACCUMULATION GBP GB00BP5J6206 87.96 -0.49 21/01/2025
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND F ACCUMULATION GBP GB00BP5J7D87 124.24 0.19 21/01/2025
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y ACCUMULATION GBP GB00BP5J7C70 122.89 0.18 21/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Z ACCUMULATION GBP GB00BLGT0N04 109.4 0.09 21/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Z INCOME GBP GB00BLGT0P28 108.41 0.09 21/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Z ACCUMULATION GBP GB00BLGT0Q35 112.41 0.41 21/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Z INCOME GBP GB00BLGT0R42 110.89 0.4 21/01/2025
WS GUINNESS GLOBAL INNOVATORS FUND Z ACCUMULATION GBP GB00BLGT0S58 108.21 -0.01 21/01/2025
WS GUINNESS GLOBAL ENERGY FUND I ACCUMULATION GB00B56FW078 51.57 -0.26 21/01/2025

Guinness Global Energy - Webcast

Date: January 16, 2025 02:00 PM [GMT] Will Riley & Jonathan Waghorn

Trustnet - Is this a good time to revisit out-of-favour oil stocks?

Half of UK equity income funds hold Shell in their top 10 and the same is true for BP; Trustnet…

Guinness Global Energy - Webcast - Covering Q3 2024

Date: October 17, 2024 02:00 PM [BST] Will Riley & Jonathan Waghorn

Guinness Global Energy - Webcast - Covering Q2 2024

Date: July 18, 2024 2:00 PM [BST]Jonathan Waghorn & Will Riley

Guinness Global Energy Fund - Webcast - Covering Q1 2024

Date: April 17, 2024 11:00 AM [BST]Will Riley & Jonathan Waghorn

Energy - An outlook for 2024

Portfolio Manager Jonathan Waghorn looks at what is to come for energy in 2024.

Global Energy - Big Oil and The Energy Transition

How are the major oil & gas companies adapting to the energy transition, and what does this…

Guinness Global Energy Fund - Webcast - Covering Q4 2023

Date: Jan 18, 2024 02:00 PM [GMT]Will Riley & Jonathan Waghorn

Trustnet - The best funds three years on from vaccine Monday

Trustnet looks at where investors would have been best putting their cash since the turning point…

 

WS Guinness Global Energy Fund is an equity fund. Investors should be willing and able to assume the risks of equity investing. The Fund invests only in companies involved in the energy sector; it is therefore susceptible to the performance of that one sector, and can be volatile. The value of an investment and the income from it can fall as well as rise as a result of market and currency movement; you may not get back the amount originally invested. Further details on the risk factors are included in the Fund’s documentation, available on our website. Past performance does not predict future returns.

Source: FE fundinfo. Investors should note that fees and expenses are charged to the capital of the Fund. This reduces the return on your investment by an amount equivalent to the Ongoing Charges Figure (OCF). The current OCF for the share class used for the fund performance returns is [get_ocf_isin]. Returns for share classes with a different OCF will vary accordingly. Transaction costs also apply and are incurred when a fund buys or sells holdings. The performance returns do not reflect any initial charge; any such charge will also reduce the return. Graph data is in USD from 31.03.08.